New UK gov't tackles cost of living with energy tax cut
Britain's new Prime Minister Andy Burnham (front) gives his first speech in front of 10 Downing Street in central London on July 20, 2026, after being asked by the king to form the next government. (AFP)
Britain's new Prime Minister Andy Burnham on July 21 kickstarted his programme to ease the cost of living for millions of Britons by planning to remove tax on household electricity bills.
The Labour leader, who took over as PM on July 20, said value added tax (VAT) would be taken off bills from October in a policy costing the government about £850 million ($1.143 billion) in the current U.K. financial year.
"We're taking immediate action to cut taxes on energy bills, put more money in people's pockets and bring back hope," Burnham said in a statement.
